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Stock impact report

PrimeEnergy Resources: Buy On The Adverse News [Seeking Alpha]

PrimeEnergy Resources Corporation (PNRG) 
US:NASDAQ Investor Relations: primeenergy.com/index-5.html
Company Research Source: Seeking Alpha
The company's dependence on operating partners means production increases hinge on their decisions. Industry uncertainty from Middle East events is suppressing valuations. However, increased clarity on damage and recovery times could drive PNRG's stock higher. Fully diluted earnings could exceed $30/diluted share if oil stays in the upper WTI $80s or higher. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » Alexandre Landriault-Brule /iStock via Getty Images The last article mentioned that PrimeEnergy Resources ( PNRG ) had no long-term debt. The current 10-K reports still show no long-term debt and some common share repurchases. The company is still heavily More on my IG service I analyze oil and gas companies like Prime Energy Resources and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to Show less Read more
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